Munich, Germany - Adconion Media Group, an online advertising network based in Germany, announced that it has received an undisclosed investment from venture capital firm Wellington Partners.

Founded in 2004 as EuroClick, Adconion currently registers 30 million ad impressions a day in Germany, and 220 million worldwide; the company is one of the top ten providers in the U.S., and is fifth in the U.K., according to comScore.

Adconion, which maintains offices in Munich, London and Los Angeles, said the funds will aid its expansion into France, Australia, Scandinavia, China, the U.S. and Canada this year.

Related Links:
http://tinyurl.com/32qycw